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InstaReM nabs US$41m in Series C funding
The final close of US$20 million was led by Vertex Growth Fund, supported by new investor Atinum Investment from South Korea
Vivienne Tay
Published Tue, Mar 19, 2019 · 09:51 PM
Singapore
DIGITAL payments company InstaReM has closed a Series C funding round at US$41 million in Singapore. The final close of US$20 million was led by Singapore-based Vertex Growth Fund and supported by a new investor, Atinum Investment from South Korea.
The overall Series C round was completed in two phases, with the first US$21 million closed in late November last year, led by new investors MDI Ventures, the venture capital (VC) arm of Indonesia's Telkom, and Beacon Venture Capital, the VC arm of Thailand's Kasikornbank.
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